Johnson Outdoors (JOUT)
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Johnson Outdoors (JOUT) - 2020 Q4 - Annual Report
2020-12-11 19:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 2, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 0-16255 JOHNSON OUTDOORS INC. (Exact name of registrant as specified in its charter) Wisconsin 39-1536083 (State or other jurisdiction o ...
Johnson Outdoors (JOUT) - 2020 Q4 - Earnings Call Transcript
2020-12-11 17:35
Johnson Outdoors Inc. (NASDAQ:JOUT) Q4 2020 Results Earnings Conference Call December 11, 2020 11:00 AM ET Company Participants Patricia Penman - Vice President, Global Marketing Services and Communication Helen Johnson-Leipold - Chairman and CEO David Johnson - Vice President and CFO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Operator Hello everyone. And welcome to the Johnson Outdoors Fourth Quarter 2020 Earnings Conference Call. Today’s call will be held by Helen Johnson-Leipold ...
Johnson Outdoors (JOUT) - 2020 Q3 - Quarterly Report
2020-07-31 18:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 26, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 0-16255 JOHNSON OUTDOORS INC. (Exact name of Registrant as specified in its charter) Wisconsin 39-1536083 (State or other ju ...
Johnson Outdoors (JOUT) - 2020 Q2 - Earnings Call Transcript
2020-05-09 15:19
Johnson Outdoors Inc. (NASDAQ:JOUT) Q2 2020 Earnings Conference Call May 5, 2020 11:00 AM ET Company Participants Helen Johnson-Leipold - Chairman & Chief Executive Officer David Johnson - Vice President & Chief Financial Officer Patricia Penman - Vice President of Marketing Services & Global Communications Conference Call Participants Anthony Lebiedzinski - Sidoti Operator Hello to everyone and welcome to the Johnson Outdoors Second Quarter 2020 Earnings Conference Call. Helen Johnson-Leipold, Johnson Outd ...
Johnson Outdoors (JOUT) - 2020 Q2 - Quarterly Report
2020-05-05 18:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 0-16255 JOHNSON OUTDOORS INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...
Johnson Outdoors (JOUT) - 2020 Q1 - Quarterly Report
2020-01-31 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 27, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 0-16255 JOHNSON OUTDOORS INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of inc ...
Johnson Outdoors (JOUT) - 2020 Q1 - Earnings Call Transcript
2020-01-31 17:46
Johnson Outdoors Inc. (NASDAQ:JOUT) Q1 2020 Earnings Conference Call January 31, 2020 11:00 AM ET Company Participants Patricia Penman - VP, Marketing Services & Global Communications Helen Johnson-Leipold - Chairman and CEO David Johnson - VP and CFO Conference Call Participants Anthony Lebiedzinski - Sidoti Operator Hello, everyone, and welcome to the Johnson Outdoors First Quarter 2020 Earnings Conference Call. Today's call will be led by Helen Johnson-Leipold, Johnson Outdoors' Chairman and Chief Execu ...
Johnson Outdoors (JOUT) - 2019 Q4 - Annual Report
2019-12-06 20:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 27, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 0-16255 JOHNSON OUTDOORS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...
Johnson Outdoors (JOUT) - 2019 Q4 - Earnings Call Transcript
2019-12-06 17:34
Johnson Outdoors Inc. (NASDAQ:JOUT) Q4 2019 Earnings Conference Call December 6, 2019 11:00 AM ET Company Participants Patricia Penman - VP, Marketing Services & Global Communications Helen Johnson-Leipold - Chairman and Chief Executive Officer David Johnson - Vice President and Chief Financial Officer Conference Call Participants Anthony Lebiedzinski - Sidoti Operator Hello, everyone and welcome to the Johnson Outdoors Fourth Quarter 2019 Earnings Conference Call. Today's call will be led by Helen Johnson- ...
Johnson Outdoors (JOUT) - 2019 Q3 - Earnings Call Transcript
2019-08-04 07:43
Financial Data and Key Metrics Changes - Sales for the third quarter increased by 3% to $176.3 million, with year-to-date net sales at $458.4 million, reflecting a 1% increase compared to the same period last year [7][8][26] - Net income for the quarter was $22.1 million or $2.19 per diluted share, while year-to-date net income advanced 4% to $47.5 million or $4.72 per diluted share [8][30] - Gross margin for the quarter was 45.2%, down from the prior year due to tariffs on Chinese components, with an estimated impact of $5 million to $7 million on profits for the fiscal year [27][30] Business Line Data and Key Metrics Changes - The Fishing segment drove growth, with successful new products contributing to the sales increase [7][12] - The Camping segment saw strong participation among millennials, with sales for the Jetboil brand nearly doubling since its acquisition [21] - The Diving segment experienced positive momentum in North America, aided by an enhanced digital footprint [22] Market Data and Key Metrics Changes - Engagement in watercraft recreation remains steady, with millennials providing new opportunities for growth [18] - The outdoor recreation market is experiencing a rapid pace of change, necessitating a focus on consumer understanding and innovation [23][24] Company Strategy and Development Direction - The company emphasizes sustained innovation and understanding consumer needs as key strategic drivers for growth [24] - There is a focus on transitioning product lines to capitalize on market evolution and to enhance digital marketing and e-commerce efforts [19][21] - The company aims to maintain its market leadership through strategic investments in technology and innovation [25] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of anticipating changes in the outdoor recreation industry to ensure ongoing success [23] - The company is committed to making strategic investments to sustain its technology and market leadership positions [25] - The management remains optimistic about future growth opportunities, particularly in the Fishing and Camping segments [19][21] Other Important Information - The company maintains a debt-free balance sheet and a healthy cash position, providing financial flexibility for strategic investments [31] - The effective tax rate for the year-to-date was 24.9%, significantly lower than the previous year's rate of 34.4% [30] Q&A Session Summary Question: Clarification on tariff impact and exclusions - The exclusion granted by the government was included in the reported quarter [34] Question: Impact of newly announced tariffs - The new tranche will impact the company but to a lesser extent than previous tariffs [35] Question: Insights on the product pipeline - The Fishing business has a strong pipeline of new products planned [36] Question: Competitive landscape response - The company is aware of new competitors and focuses on strong innovation to address competitive threats [38] Question: Higher bad debt expense details - The bad debt expense was characterized as isolated to one incident [39] Question: Ongoing digital investments - Digital investments are ongoing and necessary to compete effectively [42][44] Question: Fishing business performance and inventory - Retail inventories are fine, and the Fishing business is expected to end the season positively [46] Question: Quantifying tariff impact - The impact from tariffs in the quarter was approximately $1.9 million [49] Question: Cash management and dividend strategy - The company is looking for strategic acquisition opportunities while considering dividend growth [51][54]